• Advertise
  • Opinion
  • Features & Interviews
  • Investigation
  • Contact
Tuesday, January 31, 2023
  • Login
No Result
View All Result
NEWSLETTER
The Lagos Today
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Why Arsenal Are Winning- Guardiola

    Why Arsenal Are Winning- Guardiola

    Falcons Coach picks Ebi, Oshoala, 21 others for Revelation Cup in Mexico

    Falcons Coach picks Ebi, Oshoala, 21 others for Revelation Cup in Mexico

    Tottenham Sign Nigeria-born Danjuma On Loan From Villarreal

    Tottenham Sign Nigeria-born Danjuma On Loan From Villarreal

    Beyonce rakes in $320k per minute for Dubai concert 

    Beyonce rakes in $320k per minute for Dubai concert 

    Chelsea Agree £29m Deal For PSV Forward, Madueke

    Chelsea Agree £29m Deal For PSV Forward, Madueke

    Pele Leaves Millions In Will For Out Of Wedlock Daughter He Denied

    Pele Leaves Millions In Will For Out Of Wedlock Daughter He Denied

    Eight states register for NSSFF American Football Championship

    Eight states register for NSSFF American Football Championship

    Big Brother Titans: 20 Housemates Compete For $100,000

    Big Brother Titans: 20 Housemates Compete For $100,000

    Kenya Suspends 16 Players And Coaches For Match-fixing

    Kenya Suspends 16 Players And Coaches For Match-fixing

    Police Summon OAP Do2dtun Over Alleged Domestic Violence

    Police Summon OAP Do2dtun Over Alleged Domestic Violence

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

  • Things To Do
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Why Arsenal Are Winning- Guardiola

    Why Arsenal Are Winning- Guardiola

    Falcons Coach picks Ebi, Oshoala, 21 others for Revelation Cup in Mexico

    Falcons Coach picks Ebi, Oshoala, 21 others for Revelation Cup in Mexico

    Tottenham Sign Nigeria-born Danjuma On Loan From Villarreal

    Tottenham Sign Nigeria-born Danjuma On Loan From Villarreal

    Beyonce rakes in $320k per minute for Dubai concert 

    Beyonce rakes in $320k per minute for Dubai concert 

    Chelsea Agree £29m Deal For PSV Forward, Madueke

    Chelsea Agree £29m Deal For PSV Forward, Madueke

    Pele Leaves Millions In Will For Out Of Wedlock Daughter He Denied

    Pele Leaves Millions In Will For Out Of Wedlock Daughter He Denied

    Eight states register for NSSFF American Football Championship

    Eight states register for NSSFF American Football Championship

    Big Brother Titans: 20 Housemates Compete For $100,000

    Big Brother Titans: 20 Housemates Compete For $100,000

    Kenya Suspends 16 Players And Coaches For Match-fixing

    Kenya Suspends 16 Players And Coaches For Match-fixing

    Police Summon OAP Do2dtun Over Alleged Domestic Violence

    Police Summon OAP Do2dtun Over Alleged Domestic Violence

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

  • Things To Do
No Result
View All Result
The Lagos Today
No Result
View All Result
Home National

Nigeria’s Presidential Air Fleet Indebted due to low budgetary provisions

by Idonosan Debe
December 16, 2022
in National
3 min read
0
0
Nigeria’s Presidential Air Fleet Indebted due to low budgetary provisions
Share on FacebookShare on Twitter

The Presidential Air Fleet (PAF) says it is in debt to service providers due to low budgetary allocations to it over the years to fund its operation.

The Commandant of the PAF, Abubakar Abdulahi, stated this on Thursday during an oversight visit by the House of Representatives Committee on National Security and Intelligence to its base in Abuja.

Mr Abdulahi, who was represented by the Fleet Operational Officer, Ahmed Dari, said PAF has been getting budget cuts that have affected its ability to service its obligations.

He stated that the fleet submitted a total budget of N18,767,393,235 but only N12,550,18,732 was approved in the Appropriation Act, while N10,907,642,492 was released as of December 2021.

Mr Dari added that in 2022, the fleet proposed the sum of N19,479,313,645, but N12,476,607,142 was finally approved.

He informed the committee that a large percentage of its cost is for the maintenance of the aircraft in the fleet.

“Please note that the shortfall in the overhead cost usually affects aircraft maintenance activities in the fleet. The inadequacy of this provision was brought to the attention of the respected committee as it has always been during the budget defence and oversight visit.

“I wish to bring to your attention that aircraft maintenance which accounts for 46 per cent of the overall budget proposal is an integral part of the overhead cost.

“Consequently, the shortfall of the overhead greatly affected aircraft maintenance activities in the fleet. Some mandatory upgrades were carried out on a credit basis on the fleet’s longstanding relationship with maintenance companies while others have been moved to the year 2023 budget,” he said.

The officer explained further that “debts from preceding years are usually carried over to the following year and this has become the tradition.

“Permit me to also state that most of these debts are owed by service providers overseas. Considering that over 85 per cent of the fleet expenditure is forex, the actual budget figure in dollars is further diminished.

“It is important to note that the average age of the presidential air fleet aircraft is 11 years and in aviation, maintenance increases proportionately with the age of the aircraft. Based on the fleet experience, the cost of maintaining each aircraft ranges between $1.5 million to $4.5 million depending on the level of maintenance.”

Mr Dari informed the Committee that in 2023, the fleet is expected to make more trips due to elections.

“Additionally, the year 2023 is an election year which translates to more missions and space requests for the aircraft due to increased usage,” he said.

Speaking on behalf of the committee, Sha’aban Sharada (ADP, Kano), its chairman, commended the fleet for carrying out its activities effectively.

He said, “the committee will do what it can to assist the fleet in addressing these challenges.”

There have been controversies around the Presidential Air Fleet in the recent past.

In 2015, when President Muhammadu Buhari came on board, he promised Nigerians his administration would cut down on the number of aircraft (on the PAF) inherited from former President Goodluck Jonathan.

According to the government, there were 10 aircraft in the fleet. They included two each of Augusta 149, Augusta 101 and Falcon 7X, as well as one each of HS 4000, G500, G550 and 737 BBJ series.

There was an attempt in the past by this administration to sell two of the aircraft – a Falcon 7X executive jet and Hawker 4000.

Follow us on social media
  • Facebook
  • Twitter
  • Instagram

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: Federal Government of NigeriaMuhammadu BuhariPresidential Air Fleet
Previous Post

Lassa fever deaths hit 183, cases now 1,028

Next Post

10 dead, including 5 children, as fire rips through apartment block in Lyon, France

Idonosan Debe

Idonosan Debe

Related Posts

President Buhari appoints Saratu Umar as new Executive Secretary – NIPC

Buhari’s Kano Visit: Protesting Youths Barricade Roads

by Rosemary Opara
January 31, 2023
0

Some angry youths in Kano State, on Monday, hauled stones at the advance convoy of President Muhammadu Buhari during an...

EFCC Nabs Racketeers Of Redesigned Naira In Abuja, Meets Officials Of Banks

EFCC Nabs Racketeers Of Redesigned Naira In Abuja, Meets Officials Of Banks

by Segun Adewunmi
January 31, 2023
0

The Economic and Financial Crimes Commission, EFCC, in separate operations in the Zone 4 and Dei Dei axis of the...

Next Post
10 dead, including 5 children, as fire rips through apartment block in Lyon, France

10 dead, including 5 children, as fire rips through apartment block in Lyon, France

Please login to join discussion

Recommended

Why is Britain’s health service, a much-loved national treasure, falling apart?

Why is Britain’s health service, a much-loved national treasure, falling apart?

1 week ago
Ripple Partners With Digital Pound Foundation to Create UK Digital Currency

Ripple Partners With Digital Pound Foundation to Create UK Digital Currency

1 year ago

Popular News

    Newsletter

    Connect with us

    Tags

    #EndSARS 2023 Elections 2023 polls 2023 Presidency Academic Staff Union of Universities (ASUU) ACCIDENT Africa All progressives Congress APC Asiwaju Bola Tinubu ASUU Strike Babajide Sanwo-Olu Bitcoin CBN Central Bank of NIgeria Central Bank of Nigeria (CBN) China Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Cryptocurrency Donald Trump Drug Trafficking EFCC Federal Government Federal Government of Nigeria Fraud Gov. Sanwo-Olu Insecurity Lagos-Ibadan expressway Lagos state Lagos State Government Lagos State Police command Muhammadu Buhari Murder Naira NDLEA Nigeria Rape Strike action UK United states US

    News

    • Business
    • National
    • Politics
    • Tech

    Opinion

    • Editorials
    • Today’s Opinion
    • Letters
    • Sunday Review
    • Advertise
    • Opinion
    • Features & Interviews
    • Investigation
    • Contact

    © 2020 The Lagos Today - Nkali.

    No Result
    View All Result
    • Home
    • News
      • Lagos News
      • National News
      • World News
    • Entertainment
    • Opinion
    • Business
    • Features & Interviews
    • Best Of Lagos
    • Things To Do

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    %d bloggers like this: